5916 OAKLAND AVE MINNEAPOLIS MN 55417

PID: 2302824320153

Property Overview

Parcel ID2302824320153

Lot Size6,152 sq ft (0.141 ac)

Lot Dimensions (est.)117 ft wide × 52 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerGARRETT J PETERSON

Assessed Value$543,900

Land Value$158,000

Building Value$385,900

Annual Tax$8,542

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $7K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscAug 2020Closed

$7K

Summit Construction Group

ExistresAug 2020Closed

Airic's Heating & Air Conditioning Inc

ResMar 2020Closed

Weld and Sons Plumbing Inc

ResMay 2018Closed

Weld and Sons Plumbing Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,284/mo

Renter-occupied43.4%

Median home value$373K

Vacancy rate7.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 120.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width43 ft

Buildable depth76 ft

Area~3,277 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 3,277 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5912 OAKLAND AVE MINNEAPOLIS MN 55417	M NETLAND & F JAFFER	RESIDENTIAL	$516,500	53 ft
5920 OAKLAND AVE MINNEAPOLIS MN 55417	SAVANNAH M CARLSON	RESIDENTIAL	$351,600	53 ft
5924 OAKLAND AVE MINNEAPOLIS MN 55417	S M WHITE & A W WHITE	RESIDENTIAL	$476,700	105 ft
5906 OAKLAND AVE MINNEAPOLIS MN 55417	MICHAEL R BAUER	RESIDENTIAL	$533,800	118 ft
5917 PORTLAND AVE MINNEAPOLIS MN 55417	J R STAMP & E L MEYER STAMP	RESIDENTIAL	$446,500	131 ft
5921 PORTLAND AVE MINNEAPOLIS MN 55417	DENISE E THOMPSON	RESIDENTIAL	$376,500	136 ft
5913 PORTLAND AVE MINNEAPOLIS MN 55417	E K KEADY & M B KEADY	RESIDENTIAL	$369,900	145 ft
5928 OAKLAND AVE MINNEAPOLIS MN 55417	D A SOLLIE & A L SOLLIE	RESIDENTIAL	$522,100	158 ft
5925 PORTLAND AVE MINNEAPOLIS MN 55417	RICHARD H & KARYN G MORRIS	RESIDENTIAL	$386,000	158 ft
5917 OAKLAND AVE MINNEAPOLIS MN 55417	J P SJOSTEN & N M SJOSTEN	RESIDENTIAL	$568,000	171 ft

Property History

Most Recent Sale

Date200403

Price$345,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,542